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Search Results 0 to 49 of about 75 (some duplicates have been removed)
FOX Business
Jan 13, 2013 8:00am EST
in the economy. so are they right? does this new payroll tax hike mean less spending and a weaker economy? hi, everyone, i'm brenda buttner, this is bulls and bears, here they are, the bulls and bears this week, gary b smith, tobin smith, jonas max ferris along with walker stableton and steffen, gary b. it turns out not just the rich, but the payroll tax hike smacking just about all workers, will it smack the economy next? >> i don't see how it can't, brenda. the person in tt little clip summed it up perfectly. it makes a little bit of a difference and a little bit of a difference times a few hundred million people makes a big difference. it's already been studied by economists, they predict 4 to 500,000 jobs lost, 1/2% lopped off the the gdp. if you look around the studio there, everyone that gets a paycheck, like they said in that little clip, sees less he money. that's less money they were going to spend on groceries, at the drug store, the gas station and that money gets sucked out of the economy, so do jobs. >> brenda: well, now, this does hit lower and middle class americans harder beca
PBS
Jan 13, 2013 8:00am PST
we want to be doing that now? that's actually going to hurt the economy." >> but hasn't our economy changed so much since franklin roosevelt simply put people on the government payroll? >> it's, economics, the underlying rules change a lot more slowly than people imagine. people look and they say, "oh, you know, back then they were taking ocean liners and now we fly jet airplanes." or, "back then we didn't have a global economy." actually, we did. it's a little bit fancier now. but the basic rules are not are not much changed. it takes hundreds of years for those to change a whole lot. and this is, i can pretty easily assemble a bunch of headlines om t 1930s andhey will sound like they're right out of today's headlines. this is the same kind of animal that we confronted in the '30s. this is depression economics. and the nature of the solution is not really very different now from what it was then. >> what do you mean, depression economics? >> well, two things really. one is, a recession is when the economy's going down. a depression is when the economy is down. so, you know, the u.s
CSPAN
Jan 13, 2013 2:45pm EST
a strong middle class and offer working folks new pathways to rise into the middle class. our economy is in the a better position than tomorrow that most other countries hit by the financial crisis. i a understand tim is ready for a break. obviously we are sad to see him go. but i cannot think of a better person to continue his work at treasury that -- than the jack lew. this is bittersweet because not only is 10 leaving the jacket and my chief of staff for the last year. was my budget director before that. i trust his judgment, value his friendship, and know very few people would give greater integrity than the man to my left. i don't want to see him go because it is working out well for me to have him in the white house, but my loss will be the nation's game. jack has the distinction of having worked and succeeded in some of the toughest jobs in washington and the private sector. as a congressional staffer in the 1980's, he helped negotiate the deal between president reagan and tip o'neill. under president clinton, he presided over three budget surpluses in a row. for all of this ta
CSPAN
Jan 13, 2013 6:00pm EST
or the largest economy in the world. we need to get to the point of dealing with the biggest deficit in the country, the jobs deficit. to me, this bill simply put a band-aid on the problem. it did do something the president wanted to do, committed to do. he delivered on the promise to try to help protect the middle- class class. my theory is that in the next three political maneuvers that we are going to see coming up in congress, that people will start attacking the middle class. i believe this was our best opportunity to really take care long-term of the issues that we need to address to a balanced approach. >> to follow-up on that, you you voted early. you are not just waiting to see if it was going to pass and then vote no. the idea that obama kind of thatsome leverage theire, you wanted to see him fail, that he has to go back to the leverage -- that he does not have the leverage -- >> after the republicans walked away from the negotiations and tried the plan b by speaker boehner, it became clear, even after they tried to amend the senate yield that they could not do so dosh and
CSPAN
Jan 13, 2013 10:00am EST
's the smallest business on main street or the largest economy in the world. so what we need to do is get to the point of dealing with the biggest deficit this country faces the jobs deficit. and to me this bill simply put a band aid on the problem. it did do something the president wanted to do, committed to do. he delivered on the promise to try to help protect the middle class but my fear is that in these next 3 -- three political maneuvers we're going to see that people will start attacking the middle class and i believe that this was our best opportunity to really take care long term the issues that we need to address to a balanced approach. >> so to follow up, you voted early, i was watching the board. you voted early. you didn't vote to see if it was going to pass and then vote no. was the idea that obama kind of lost some leverage there that you wanted to see it fail because obama now has to go back to the debt ceiling and he doesn't have the benefit of tax cuts looming? >> i knew it was going to pass. after the republicans walked away from the negotiations and then tried to plan
CNN
Jan 13, 2013 2:00pm PST
for december. what do you think this is going to tell us about where our economy is and where we are going? >> the economy had a rocky period, especially because of the last fiscal cliff. we were concerned that companies and consume verse stopped spending. what we will find out this month is whether that is true or not. most important is retail sales. retail sales and the consumer account for about 60% of all of our economy. except the consumers are spending the economy tends to do well. in the month of november, before the fiscal cliff, retail sales grew by about .3%. not a bad number what we are seeing from some of the economists that provide consensus forecasts is the number about .4%. that .4% would be a very good sign if the economy hits that number so we all should you can hopeful that it does. we are also looking at other things like housing starts. as we all new york the housing market has been down for a long period of time it is starting to rebound and it is a very, very important part of our economy. we saw housing starts in november 861,000 and the forecast shows 876,000 that w
CSPAN
Jan 13, 2013 5:30am EST
they produce of the government, we used indices and they rick every government in the world. did the economy expanded? did did the citizens improved and the nearly use the human development index which looks of both levels of in, but also education and health and other criteria. in democratization, afghanistan did not pass the test. that is definitely a failure. it was about the metal in terms of how much of it was democratized. but in to a government effectiveness, interestingly, come to distinctive do what we hear about, it right second of the 20 countries. had the second-highest improvement. as but we had the seventh highest, but improved. per capita gdp it was the second highest. it is increased by 130% since 2001. interestingly, human development index it was the highest of all 20. it is a combination of standard of living, education, health, the criteria. i think it is so important to see why afghans ought to be more optimistic about what they should be. indeed until many cases more optimistic than americans. longevity is way up. literacy is up, but the number of afghan children stay i
CSPAN
Jan 13, 2013 2:30pm EST
of our economy still smoldering and unstable, i asked him to help me put it back together. thanks in large part to his steady hand, our economy has been growing, our businesses have created nearly 6 million new jobs, the money we spend to save the financial system has largely been paid back. we put in place rules to prevent that kind of meltdown from ever happening again. the auto industry was saved. we major taxpayers are not on the hook if the biggest firms fail again. we have taken steps to help underwater homeowners come up for air and open new markets to sell american goods overseas. we have begun to reduce our deficit through a balanced mix of spending cuts and reforms to a tax code that at the time when we both came in was skewed in favor of the wealthy at the expense of middle class americans. when the history books are written, tim geithner is going to go down as one of our finest secretaries of the treasury. [applause] don't embarrass him. [laughter] on a personal note, he has been a wonderful friend and dependable advisor the out these last four years. there is an unoff
CSPAN
Jan 13, 2013 11:15am EST
to disaster: how green jobs are damaging america's economy." in it, she subjects the assumption and policies which led to such a faded federal investments as solyndra solar panel manufacture as was that a 123 collector car battery manufacture to a waiting analysis which we of the institute have come to expect from this oxford trained economist who served as chief of staff for the council of economic advisers. sorry. during the administration of president george w. bush. in her book, she helps us understand why the failures of such direct investments in private firms are both significant problems in themselves and cautionary tales for those who would have the government rather than private investors allocate capital. the publication that regulates the disaster caps diane mr. shear as an institute senior fellow, i'll year in which has been prolific and influential. cited by reuters reporters, talk show host, across the country. i think in particular of her many, many contributions to our series called issues 2012, ranging from her analysis demonstrating that even adjusting for the state of the
FOX News
Jan 13, 2013 8:00am PST
on the economy or jobs. we have been very reactive to what is happening in the headlines, not atippal for a second president. but it is the soft under belly of the obama presidency. at then of the second sterl, if this chidoesn't turn around and unemploint ployment doesn't come down, the obama agenda will be a failure. they are making a huge mistake, trying to beat up on rich people, businesses and small businesses and raise taxes. the result of the policies, eric, is that unemployment will continue to stay high and poverty rates will continue to skyrocket. when you beat up on the rich, you create more poor and you make your budget problem worse because there are more people on welfare than there were before president obama came to office. >> what happened if there were more people on welfare and if the unemployment rate doesn't go down? >> that has to be the primary focus needs to be. there are two major challenges right now. first, this economy is focused for liftoff. in the corporate world, we are at the highest profit levels we have been since world war two. their productivity is
FOX Business
Jan 13, 2013 1:30am EST
. >> what makes this scary, we're destimulating the economy as these programs-- >> i know, how do you get out of that. >> you've got to get the right people in government. and anybody who thinks that raising taxes on anybody making $400,000 a year is going to do anything for the deficit and-- >> i'll disagree with you, too, here. >> and you think it's stimulative to raise taxes right now. >> no, we're having a housing recovery. we're having an auto recovery, and-- >> one side going on-- >> adam. when you go from 1 to 2 that's a big increase. >> charlie, with all due respect, there is no data, reputable study showing that raising taxes on rich people. >> 1980, 1980. >> from '82 to '88. and -- from '82 to '88, every year, mr. reagan raised taxes, and after that-- >> a tax cut which took that rate dramatically. >> all right, guys, guys, guys, calm down. this is cable here, okay? dagen, do you get a sense that just this conversation illustrates that it's going to be next to impossible to cobble together a deal that remotely addresses this problem? >> yes. >> neil: so then what happens, is it
NBC
Jan 13, 2013 10:30am PST
secretary, will washington be an on stockles to the market and the economy or will washington be a help? joining me now is geg i and author of "the economist" and jerry webman, chief economist at oppenheimer funds. thanks for joining us. >> hi. >> greg, let me kick this up with you. president obama's pick for treasury secretary, chief of staff, jack lew, will take over for timothy geithner. is this a missed opportunity to be friendly to business, the business community, or is this a new call since it appears that nobody on earth knows this better than mr. lew. >> well, i think jamie dimon would build business between the community which feels a little bit alienated by the administration's first-term policies and mr. obama. but what they got is a guy -- not one of them, but does know the budget really well and the clearly the main challenge on the economic front for the first year is going to be on the fiscal front. insofar as jack lew has the trust of the president is in power to make deals, i would say that is is a positive. you do have to keep in mind he's not exactly the most trusted
MSNBC
Jan 13, 2013 4:30am PST
's time to make money coming up next on "your business." small businesses are revitalizing the economy, and american express open is here to help. that's why we are proud to present "your business" on msnbc. hi there, everyone. i'm j.j. ramberg, and welcome to "your business," the show dedicated to giving you tips and advice to help your small business grow. for small businesses, the uncertainty of last year has carried over into 2013. the good news. the national federation of independent business optimism index was up slightly in december. the bad news. the index is still at recession levels. the index for this month is expected to be impacted by the fiscal cliff tax deal passed by congress. that deal negotiated between vice president joe biden and senate republicans ends the payroll tax holiday, raises taxes on those making over $400,000 a year and increases capital gains tax rates. so, how will this impact your small business? barbara wealthman is an attorney and a leading authority on tax law and finance for small businesses. she is the writer of the muntari e newsletter "big ideas
PBS
Jan 13, 2013 12:30pm PST
geithner. >> our economy is better positioned for tomorrow than most of those other countries hit by the financial crisis. the tough decisions tim made and carried out deserve a lot of credit for that. i understand that tim is ready for a break. obviously, we are sad to see him go, but i cannot think of a better person to continue tim 's work at treasury than jack lew. >> unlike most treasury secretaries, jack lew earn his stripes and a washington and not wall street. he worked for tip o'neill in the 1970's and 1980's, and was clinton's: the director in the 1990's. evan, what does this tell us about the physical fights ahead? >> the good news is that he knows washington bit bad news is that he will do exactly what obama tls him, and from all indications, obama will not do much about fiscal restraint. >> nina, your sense of jack lew and what lies ahead? >> i think i agree with evan, but lew really does know the budget numbers. he did this in the clinton administration when we had a surplus, as the white house points out over and over again. jeff sessions in the senate is saying no
CNN
Jan 13, 2013 10:00am PST
. they are badly designed and they are damaging the venezuelan economy. the economy is, frankly, in shambles. barclay's research puts venezuela's annual fiscal deficit at nearly 20% of gdp, one of the highest imbalances in the world. total debt has more than doubled since 2008. and that is despite the fact that venezuela has the greatest proven reserves of oil in the world. more than saudi arabia, iran or canada. when hugo chavez first came to power in 1999, oil was trading at $11 a barrel. today, it is trading at $111 a barrel. chavez has presided over the greatest windfall in his country's history. and, yet, venezuela is probably the only petro state in the world where people regularly suffer power outages. infrastructure is crumbling and public security is abysmal. venezuela has one of the worst homicide rates in the world, worse even than colombia, honduras and mexico. a recent foreign affairs essay pointed out that venezuelan exports to the u.s. from the start of chavez's rule through 2011 added up to nearly $350 billion. that's iconic for a presidency which marketed itself as anti-amer
KBCW
Jan 13, 2013 8:30am PST
to do. we have an economy that we so continues to grow, and won't to make sure we do everything to help that growth and continue to bring down unemployment. so, i have my offices open in the district, offices open in washington and ready to work. >> were you upset the applecart when you took on poet stark longtime california congressman and the democratic establishment in congress was behind him. resentment? lingering? any problems back there with you coming on? >> no, not at all. in fact, just last week, i was asked by the democratic house leadership to be an assistant wipp -- whip. i will be assisting the house leadership and growing our economy and i am excited to do that. i bring experience from having been a local city council member and a courtroom prosecutor, i think, especially when we talk about reasonable gun safety measures, i have been a big supporter of that. i have been working with my freshmen colleagues to take measures to protect the second amendment, but reduce gun violence in america. >> gun violence, obviously, a very hot topic right now in congress. >> yeah. >> what
CSPAN
Jan 13, 2013 6:00am EST
is needed is working more closely to reintegrate the afghanistan into the regional economy. this includes enhancing and building more power grids. pakistan needs power. it needs access to energy. afghanistan needs power. if you create interdependency between these countries, especially countries that are not on friendly terms with each other, which will enhance the chances of stability to allot more more expensive projects could be pipelines and others, but at least the national grid, railroads. fortunately, pakistan is extending its railroad into kandahar. the railroad from central asia will connect now across afghanistan, north and south. we can really rebuild afghanistan as a crossroad or roundabout of trade. that is key. internally, improving access to capital in afghanistan by providing political incentives, in terms of political assurance, making more credit available for investment by international companies in afghanistan, allowing afghan companies to have access to easier credit -- these are the key issues that could help afghanistan on the economic front. more importantly, a cle
CSPAN
Jan 13, 2013 7:00am EST
the greatest global economy in the entire history of this universe. host: all stop you on that point. thank you for the call from chicago. this from our twitter page -- a headline this morning, wall street done with washington's drama. the markets new attitude toward brinkmanship, wake me when it is over. they shudder to think what congress can do to the economy. a breach of the debt ceiling would we far more damaging than a trip over the fiscal cliff. after two years of divided government, they seem to treat this crisis as a new normal. investors are no longer hanging on washington's every word in the weeks leading up to a deal. next, john from tennessee. caller: good morning. i am calling about the debt ceiling. yes, it does need to be raised. because we have to pay our bills. if the government is allowed to borrow money and set their circumstances, then why is the private business sector not allowed to do that? the federal reserve has been shut down as far as to the bankers, as far as the this man being able to borrow money. the industry in the united states needs money to operate on and and
CNN
Jan 13, 2013 12:00pm PST
high-paying jobs in energy, in manufacturing, in technology. add all of that up and this economy is poised to soar as long as washington doesn't bring it down. fareed zakaria is the host of cnn's fareed zakaria "gps." the real deal to avoid the fiscal cliff that may have ruined my new year's plans, you correctly stated was a small victory for sanity. the greater issue is what is missing from that deal and the mini cliffs that we're going to encounter. the debt ceiling cliff, the southwe sequestration cliff and the budget battle. does it stand in the way of what could be happening in the country? >> it stands in the way in two ways. if you're a company that does business with the defense department, if you're watching this sequestration madness. our the debt ceiling madness, are you going to be hiring new people? are you going to be expanding production? no, you're going to be wondering, is the defense department budget cut by 20%, 10%? so there is that -- >> you will hesitate to make certain business decisions, particularly hiring decisions? >> exactly. republicans often talk abo
MSNBC
Jan 13, 2013 9:00am PST
. just $199 per month. visit choosenissan.com. road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> it's official. 2012 was the hottest year on record for the continental u.s. the national oceanic and atmospheric administration announced that last year -- rather that last year easily beat the previous hottest year. that was 1998. it got the new record. this comes as a new federal report makes it official. climate change has already started to impact american people and the economy. well, joining me now is coral davenport, energy and environment correspondent for the national journal. good to see you again. just how hot was it last year? >> alex, the average annual temperature in the u.s. last year was 55.3 degrees. that was about -- that was a degree higher than the last previous record. it was 3.2 degrees higher than the average record -- than the average temperature for the 20th century. another
CSPAN
Jan 12, 2013 9:00pm EST
for the global economy. it's a little under an hour. >> it's a pleasure to see you here tonight. as we know, happiness is relative thing. i began the day this morning in the dentist's chair having a crown put in, and here by tonight i'm at politics and prose. i'm a happy man. having gone from one extreme to another. it's a special pleasure to welcome you here tonight. and standing room only. this is marvelous. i thought i would begin by telling you a few stories about what the book is about, and skipping the big structure and simply tell you some stories about some of the people in the book. in the end it's very much about real people. so what kind of book is this? it's big, it's heavy, it's, you know, you may open it with a certain trip dedication. what it is is a memoir, first of all. it's a little bit of a memoir of my travels in russia. it's a memoir of the number of the people in the weak. we have gone through twenty years together. it's a memoir of the last twenty years since the soviet union fell apart. it's a history of the oil industry and but in par par parallel to history the ini
CSPAN
Jan 12, 2013 8:35pm EST
economies as the way to move people out of poverty and improve lives. 700 million people since 1980 have been lifted out of poverty, largely through one sort of capitalism or another. but at the same time, we have to admit that capitalism in the anglo-american sense has gone off the rails a bit. for us, exhibit a of that is the inequality rate. since the 1980's, when i graduated from law school and enter the work force, my dad worked two jobs and put four children through college and law school and said this is america, you can do whatever you want. i had that experience. since 1980, the top 1% have had an increase in their income of 275%. during the same time, the middle-class, the 60% in the middle, have had an increase of 40%, and the lowest of 18%. at the same time, in 1980, when i entered the work force, the average ceo was making 40 times the average worker. now the average ceo is making 380 times the average worker. i think the best metaphor i have seen for our problem, which i consider the inequality being one of the most important issues facing this country as well as britain, b
CSPAN
Jan 13, 2013 4:15pm EST
spending was falling as a percentage of gdp was the economy was growing so fast because we had a good fiscal policy that promoted competent and economic growth. if you look at the projections today, we are projecting the retirement of the baby boom and we see more people claiming their benefits. >> i want to get to that projection. it is part of the reality that even if we cut spending in the policies we are making, as we pay the policies that are due, there are areas where spending goes up. i don't think any of us want to be saying people should not be able to collect social security benefits when they are 65. that and medicare for people who are retiring are driving aggregate spending levels. on the discretionary side, we are cutting spending. >> which is why we are baffled you haven't tackled entitlements driving our long-range projections of the cliff. speaking of those long-range projections, i look at the claims you are reducing the deficit in the long term. we have enough trouble projecting 10 quarters and the future without rejecting 10 years. but look at when you are doing an
FOX Business
Jan 13, 2013 2:00am EST
on a economy, imagine what happens here. first of all, to keep the revenue neutral, you are looking at a 20r 30 percent sales tax . add that to the state tax that governor gindale wants to add. no one will be able to afford it or go shopping. >> steve, this is a country of experiment ground . the states experiment with things that might do better. >> there are 9 states who don't have a personal income tax. you compare the state of vermont with the state of new hampshire. new hampshire has no sales tax or personal income tax and does better over time than the neighboring state of vermont that is a so-called progressive state. on a national level change the constitution or we will end up with a income and a consumption tax. >> unfortunately the constitution was changed in order to bring in the income tax. >> you have to change or we would get the both. >> you are against the idea of bobby gindale. >> i don't like sales tax. we saw the experiment in europe with that. they are onerous often than income tax . they are sneaky, too. it is vast and they are put in every element of sales and you don't k
NBC
Jan 13, 2013 8:00am PST
technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. >>> coming up, most american workers got their first paycheck of the new year on friday and they probably noticed it was a little bit smaller. sfwhapd well, in order to boost the economy back in 2010, congress lowered the social security tax withholding rate to 4.2% instead of the usual 6.2% for 2011 and 2012. it was called a payroll tax holiday and meant more money in the average paycheck but as of january 1st, the holiday's officially over 'cause congress did not extend i
CBS
Jan 13, 2013 7:30am PST
called you yet? >> we want to make sure we do everything to help the economy grow and continue to bring down unemployment so i've got my offices open in the district, offices opened in washington and ready to work. >> were you upset -- you upset the apple cart when you took on pete stark and much of the democrat establishment in congress was behind him. resentments lingering? any problems out there with you coming on? >> no. last week i was asked by the democrat leadership to be an assistant whip. i will be assisting the house leadership in growing our middle class, making sure our economy continues to grow. i'm excited to do that. i bring experience from having been a local city council member and also a courtroom prosecutor and i think especially when we talk about reasonable gun safety measures, i have been a big supporter of that and i've already been working with my freshmen colleagues to take measures to protect the sacred amendment but -- second amendment but reduce gun violence in america. >> gun violence obviously a very hot topic in
SFGTV2
Jan 12, 2013 7:30pm PST
that ultimately drives value to the american economy. our customer, i can completely agree with what shannon said in terms of our business objective, so to speak, is to empower entrepreneurs and innovators, to create jobs. that's a metric of success, not revenue generated per data set or some other per ifervance metric. the other piece of that looking back to the example of weather and gps, my monetization, is that together they contribute $100 billion to the american economy last year. last year alone from just those two data liberations. so, that is the way in which we are approaching from a strategy perspective, the ultimate impact to our customers. >> one super quick. one thing the city of san francisco or big cities or federal, right, the other smaller cities, smaller cities have smaller budgets. having a structure to support all this open data takes a lot of money. so, when these small cities are thinking about this, they should think about a way of somehow equalizing because they are putting into having these open data team, right? so, what does make sense? this is kind of an open question
CSPAN
Jan 13, 2013 6:00pm EST
market economy which expanded opportunities of a self-made man and historian persuasively argued his passion and commitment to internal improvements was given strength by his conviction that all men should receive a full and increasing award for their labour so they might have the opportunity to rise in life and all these public works would give them more of that opportunity. lincoln hoped it was fair to be known as a reference to the new york governor hugh white and the opportunities for all new yorkers and that the permanent imprint on the state through his success in getting the legislature to support the canal. but the stars turned against him in 1937 when a sustained recession hit the state bringing the expensive and the unfinished projects under attack as the economy continued to slide bill legislature called a halt to the project and the state fell into bankruptcy as one of the major proponents of the project lincoln received a major share of the blame the she managed to win a fourth term in the legislature in 1940 he pulled the least number of the votes among the candidates l
FOX Business
Jan 13, 2013 6:00pm EST
, long-term economic solutions to help turn around the economy, we're talking about minting a trillion dollar coin. this is a president who seems to be sort of thumbing his nose at what really needs to be done in this next term. i mean, instead he's doing a power grab to secure his legacy. neil: you know, ilya, he's not the first president to try to go beyond an election and take what was a victory if terms of a -- in terms of a striking mandate. fdr did it, richard nixon tried it, george bush in his re-election tried it. are there differences here? anything noteworthy here? i mean, obviously, he's trying to get past a resistant congress to a lot of his proposals, and this styying of a lot of his proposals. are you worried about the way he's doing it? >> well, of course, i'm worried about it. this is why we have three branches of government. any president of any party at any time is going to try to expand his powers. the nature of any public official whether you're a low-level bureaucrat or the president to do so. but we have in our constitutional system checks and balances both horizo
FOX News
Jan 12, 2013 5:00pm PST
are going farther. the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >> if you have got a job and got your first paycheck of the new year, i bet you have noticed that your pay was less than the amount of your last check of 2012. and you are not the only one. thousands have taken to twitter to give their thoughts on the new payroll tax increase. here is just a few samples. one said just noticed all my employees part time hourly and et cetera will have more tax dollars taken out of their checks contrary to president's promise. liar? another one says did new tax goes into effect today? something i don't understand about the fiscal cliff. i got a raise yet, my paycheck got smaller. obama promised to increase taxes on families raising less than $250,000 a year. why do i have $30 less in my paycheck, mr. president. the president and his fellow democrats aren't done yet. they now want to increase more tax revenue by limiting your deductions. joining me to talk about the impact of these
ABC
Jan 13, 2013 8:00am PST
and about the economy. this suggests to me the administration can and will go forward with the big negotiation, with the big proposal, and the real question is, can we come up with an approach that's enough for the iranians, and not too much for the united states and the israelis? can we, if you will, park the iranian program out of place that sufficiently far from nuclear weapons status that we can live with it. i don't know, but we want to find out. is either of the alternatives going to war against iran or living within iran that has nuclear weapons are extraordinary unattractive and costly alternatives, so we want to do everything we can to see whether we can come up with a solution through negotiations. >> martha, we're just about out of time, but as we're talking about iran's nuclear program, we're learning that north korea may be planning another nuclear attack. >> yep, there are a lot of signs. i spoke to a u.s. official there, a lot of signs that north korea is planning another test. there are trucks in the area but one of the things is they're doing this very conspicuousl
CSPAN
Jan 13, 2013 1:35pm EST
economy. this is a little under an h
CBS
Jan 12, 2013 6:00pm PST
economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] there are two ways for business travelers to board a plane: the orderly way southwest does it and the way all the other airlines do it. so stop playing their game and come on over for hassle-free boarding. [ ding ] book now at southwest.com. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed optio
LINKTV
Jan 13, 2013 2:00pm PST
economy. al jazeera comic cairo. >> survivors have been marking the anniversary of the concordia along with relatives who died. it is one year since a crashed into rocks. a number of events have been held there to market the date. >> this is part of the rocket that ripped open the whole of the costa concordia. some of the people who survive the disaster in family members who didn't hear it on the first anniversary, the coast guard has revealed new pictures of that night. they showed the dramatic rescue of more than 4000 people, some shelling to keep their balance and the dark. -- struggling to keep their balance in the dark. hundreds of survivors have returned to the islands. he was in the ship's casino when it crashed. he survived by climbing into a lifeboat. >> i was playing roulette when i felt a loud crash. it fell all over the place. in the music room, at the piano was on the floor. there was a hard crash. >> in the islands church is packed with some of the people who knocked on its door a year ago looking for shelter. it is not just on giglio that people are looking. there have a
PBS
Jan 13, 2013 10:00am PST
economy. the pope called for more humanitarian aid to syria and warned that there will be no winners in the current situation, only "a field of ruins." the pope blamed the worldwide economic crisis on a desire for profit and spoke of the growing divide between the few who grow richer and the many who grow poorer. >>> meanwhile, in syria, the humanitarian situation continues to worsen. the world food program said it is unable to reach one million syrians in need of food. the group said it's had to withdraw its staff from certain cities because of the violence. >>> in los angeles, a judge has ordered the catholic archdiocese to release nearly 30,000 internal documents on the clergy sex abuse crisis, without removing any names. previously, another judge had ruled the archdiocese could redact the names but that decision has now been overturned. the church says it will comply, although no date has been set for the documents release. t papers include memos, medical records and correspondence with the vatican. >>> we have a special report today from california about another church controver
PBS
Jan 13, 2013 1:00pm PST
are worried they may lose their wealth in their home countries, but the economy continues to drag its fee sthey invest in houses and flats in germany's capital, berlin, where there are still objects available in top locations and for a relatively low price. high rents are now forcing berliners on low incomes to move to cheaper areas outside the city. rising rents are a problem people in paris and london have been familiar with for decades. in the british capital, you easily pay 600 and for an average flat per week. londoners traditionally spend more than 3/4 of their monthly come on rent, but there is an increasing number of people who have had to look elsewhere. >> britain, like the rest of europe, is in the grips of recession, but there are hardly any traces of it in london. real-estate prices in the city center have shot up by 30% this year, and building continues. a penthouse in london's west end can easily fetch nearly 50 million euros. buyers include russians, chinese, arabs, and those fleeing europe. those who work in london usually live about an hour and a half outside the city.
CSPAN
Jan 12, 2013 10:00pm EST
across 13 large land areas that had different economies and different modes of production, different religious values, different histories, different outlooks on things. when they came together, i think that the 55 people who gathered in philadelphia had most of them -- though not all of them but most of them had an imperative that they were going to create something like a representative democracy or a republic out of all of these different elements, and they had to give up almost everything but that. they came with a whole lot of different ideas about what they were going to do, and nobody came away with exactly what they wanted. most people didn't come away with anything close to what they wanted except that very remarkable thing. >> host: now, these are very polarized times with congress in the 1790s polarized or more polarized than today. in your book you think the media is polarized today we haven't seen anything so how were they able to compromise than well it's hard for us to compromise now? >> guest: they didn't like it any better than we like it and they got mad about it. i
CSPAN
Jan 13, 2013 2:00pm EST
and was not particularly attractive property. but then came the asian flu of 1998, and the crash of the russian economy at that time. and suddenly he was out of the banking business. the bank went broke. and so he was in the oil business, and so he made a go of the oil business. what followed was absolutely remarkable, but the point is he was free about all these hang-ups about how you've got to respect the oil. he was, in fact, very western. that was his creed, and that's how he went after it, and he brought in westerners to help him do that and doubled oil production. but the problem is that he was a rebel on every front, and in particular he defied the president which was a very unwise thing to do. and so he ended up in a confrontation, in a blood match with vladimir putin whom he regarded with contempt. he consistently underestimated putin. and i'll give you a little episode that became famous as the symbolic turning point of which knowledgeable people in moscow as soon as they heard of this episode realized that he was -- well, if not doomed, he was going to lose. of in february of 2003, so this i
FOX Business
Jan 12, 2013 11:00pm EST
-being. the study in the following performance, and this mystified me. the economy. the highest gdp in the world, but the authors of the -- also greeted us on unemployment and personal savings rates. entrepreneur real ship with, we scored low. frankly, this is one i simply don't get since starting a business seems to be a founding principle of this country. we also scored poorly on safety and security. lowest ranking. personal freedom. at any rate, the u.s. standing fell out of the top ten for the first time in this study, and the authors say that we were pulled down primarily by the decline in the number of u.s. citizens to believe are or will get the man had. fewer of us apparently feel that way. as we grow entitlement nation, the cost is high. social mobility declines, opportunity dams. we need to return to what made as great. maybe there's a lesson in a study. you want to know who ranks number one? you can see how it stacks up by going to gerriwillis.com. check it out. >> coming up on "the willis report," would you do if your child was not allowed in schools are not getting the flu shot? our
FOX News
Jan 13, 2013 1:00pm PST
in an effort to fight lower enrollment rates due to the bad economy. is this trend going to continue? joining us to talk about it is university maryland economist peter morris se789. half of the declines, why are more young are deciding to forgo college education? >> the cost have jumped a lot and the graduates can't find jobs. there is a sense that it doesn't pay out. you get set with a lot of big loans and join the service, learn a trade. go to a community college and skip university all together. >> gregg: president obama wants everybody to go to college? >> it doesn't pay out. most stated universities offer diplomas that don't lead to a marketable skill. there are too many graduates working at starbucks these days. >> gregg: "wall street journal" analyzed this way. take a look at this. facing stagnant family income, shaky job prospects and a smaller pool of high school graduates, more schools are reining in tuition costs. is it possible that some tuition costs may actually go down, or we simply talking about slowing the rate of increase? >> i think it's slowing the rate of increase. it's
CBS
Jan 13, 2013 8:30am PST
tough decisions to move our economy forward. that worries me in the near term. in the long term it's our education because that is the future. >> schieffer: not terrorism education. >> we can handle terrorism, are we can handle a nuclear-armed iran. we can't handle another war where new americans are young enough to protect our country. >> schieffer: thank you for your service thanks for being with us today we'll. we'll be back in one minute with the mayor of los angeles. >> schieffer: joining us now the mayor of los angeles antonio villaraigosa. you are going to make a big speech tomorrow on immigration the "new york times" reports this morning. the whitehouse is planning a big push on immigration. give us an out line of what you're thinking about here. >> the time is now. we can't wait another political season to pass comprehensive immigration reform. this isn't just a moral it's an economic imperative. if we bring these people, 11 million people from out of the dark and into the light it's about a $1.5 trillion impact on the u.s. economy. the dreamers alone is dollars 129 billion i
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